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Temasek emerges as sole contender for $100m Blue Tokai stake, Mint reports

Temasek has emerged as the sole contender to acquire a $100 million stake in Gurugram-based Blue Tokai. The potential deal would be among India’s largest organized café funding rounds, supporting Blue Tokai’s specialty-coffee expansion beyond metros.

Blue Tokai's reported potential $100 million stake, with its FY25 revenue and consolidated loss
Potential Temasek stake (Mint report, due diligence)
$100 million
FY25 consolidated revenue
₹332.7 crore
FY25 consolidated loss
₹50.19 crore
Raised since inception
Nearly $130 million

Reported figures

From the report. Source details below

India food services market: $80 billion in 2024
India coffee market: $1.2 billion in 2023, projected at $2.6-3.2 billion

Also in the report

  • ₹175 crore Series D extension in May
  • Nearly $130 million raised since inception
  • ₹332.7 crore FY25 consolidated revenue
  • ₹221.13 crore FY24 revenue
  • ₹50.19 crore FY25 consolidated loss
  • ₹63 crore FY24 consolidated loss

The source

Source Read the source at Mint Published

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